Home | San Mateo County | Pacifica | 94044 | 15 Santa Maria Ave
MLS: ML82058594 | Status: | Price: $1,900,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,111 | 7,200 | 1960 |
Compass Commercial is pleased to announce the exclusive listing of 15 Santa Maria Avenue, located just steps from the Pacific Ocean. The subject property presents a rare five (5) unit multifamily investment opportunity in Pacificas highly sought-after West Sharp Park neighborhood. The property consists of one (1) spacious 2-Bedroom/1-Bath unit (~700 sqft) and four (4) 1-Bedroom/1-Bath units (~525 sqft each), complemented by a five-car garage and additional driveway parking. Constructed in 1960 and situated on a 4,500-square-foot lot, the property encompasses approximately 4,111 square feet of gross livable space. The offering also includes an adjacent 2,700-square-foot parcel, providing added value and future potential. Significant recent capital improvements include a new electrical main service (2025), new sewer lateral (2026), new modified bitumen cap sheet roof (2025), and new electrical sub-panels in all units (2026), all done with permits. Each unit is separately metered for gas and electricity. Currently 100% occupied, the asset generates strong in-place annual income of $146,664 and is offered at a current 5.16% cap rate and 12.95 GRM.
| Field | Value |
|---|---|
| MLS # | ML82058594 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 27 |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Formica, Varies by Unit |
| Appliances | Oven Range, Washer/Dryer - Some Units |
| Flooring | Carpet, Laminate, Tile, Vinyl/Linoleum |
| Cooling | Ceiling Fan |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Bitumen |
| Foundation | Concrete Perimeter and Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Garage: 5 Car(s) |
| Elementary District | Pacifica |
| High School District | Jefferson Union High |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | Multifamily Commercial 5+ |
Nate Gustavson
Compass
License #: 01898316
Phone: (415) 786-9410
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 700 | 2 | 1/0 | $3,495 | – | 1 |
| 2 | 525 | 1 | 1/0 | $2,037 | $2,399 | 4 |
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This listing information is up-to-date as of September 04, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410.